Mosa'ab Elshamy / AP

In the aftermath of Trump's decision to leave the Paris climate deal, the most prominent environmental advocates are lamenting that this is the beginning of the end on addressing climate change — but here's what the energy sector is watching for next, from investment to jobs, Congressional to state action, and economics. What you need to know:

  • Investment shifts: Keep an eye on big multinational companies like GE, Siemens, or companies that make the tech of clean energy, which the VP of Global Climate at the Environmental Defense Fund Nat Keohane told Axios are on his watch list. Go deeper here.
  • Another campaign promise, jobs. If investors do shift their focus to other countries more committed to the Paris deal to build up their clean tech, renewables jobs in the U.S. could take a hit, which would hurt Trump, per Keohane. Go deeper via the DOE.
  • Congressional activity: "Some Republicans are waking up to the fact that [most] Republicans are driving them into the ditch [and] if they're gonna have a future with millennials, they're going to have to change on climate change," Keohane says. Go deeper here.
  • State-level and city-level activity: So much of what sets energy policy takes place at the state level with state utility regulators, state utilities boards and commissioners, and renewable energy mandates. These shifts will happen no matter whether we are in the agreement, according to an industry source. Go deeper here, via Axios.
  • It could be business as usual for Paris deal supporters: One industry source tells Axios because the Paris agreement was not enforceable" and Trump's decision isn't changing the market forces behind decreasing costs for wind and solar tech, a lot of the stakeholders and businesses who wanted the U.S. to stay in the agreement are going to go on with their business as usual. Go deeper, via WSJ.

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Updated 6 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 9:45 p.m. ET: 19,282,972 — Total deaths: 718,851 — Total recoveries — 11,671,491Map.
  2. U.S.: Total confirmed cases as of 9:45 p.m. ET: 4,937,441 — Total deaths: 161,248 — Total recoveries: 1,623,870 — Total tests: 60,415,558Map.
  3. Politics: Trump says he's prepared to sign executive orders on coronavirus aid.
  4. Education: Cuomo says all New York schools can reopen for in-person learning.
  5. Public health: Surgeon general urges flu shots to prevent "double whammy" with coronavirus — Massachusetts pauses reopening after uptick in coronavirus cases.
  6. World: Africa records over 1 million coronavirus cases — Gates Foundation puts $150 million behind coronavirus vaccine production.

Warren and Clinton to speak on same night of Democratic convention

(Photos: Abdulhamid Hosbas/Anadolu Agency via Getty Images, Sean Rayford/Getty Images)

Sen. Elizabeth Warren and Hillary Clinton both are slated to speak on the Wednesday of the Democratic convention — Aug. 19 — four sources familiar with the planning told Axios.

Why it matters: That's the same night Joe Biden's running mate (to be revealed next week) will address the nation. Clinton and Warren represent two of the most influential wise-women of Democratic politics with the potential to turn out millions of establishment and progressive voters in November.

Trump considering order on pre-existing condition protections, which already exist

Photo: Jim Watson/AFP via Getty Images

President Trump announced on Friday he will pursue an executive order requiring insurance companies to cover pre-existing conditions, something that is already law.

Why it matters: The Affordable Care Act already requires insurers to cover pre-existing conditions. The Trump administration is currently arguing in a case before the Supreme Court to strike down that very law — including its pre-existing condition protections.